Vacant flat lot with banana trees and concrete driveway in central Colón

Exterior lot view: Flat corner property featuring overgrown garden, tropical trees, and boundary wall, perfect for redevelopment.

Secured vacant lot with metal gate and banana plants in downtown Colón

Exterior: Residential lot with concrete perimeter wall and metal gate access, featuring tropical vegetation.

Lush garden yard with boundary wall and banana trees in Colón city center

Exterior garden: Open yard space ideal for new development, surrounded by tropical plants and perimeter wall.

Weathered two-story wooden house surrounded by tropical vegetation in Colón

Building exterior: Existing two-story house suitable for renovation or removal to develop the 718m2 lot.

Land / Development Lot for Sale

Corner Lot for Sale 718m2 Downtown Colón Negotiable

Downtown Colón / near Santa Isabel Costa Arriba, Chagres, Colón

USD178,000

3 Bedrooms 1 Bathroom 718.0 m² Area 2 Parkings

About this Land / Development Lot

Unique prime corner lot in central downtown Colón, Panama, spanning 718m2 with street access on three sides and two corners. Featuring a flat grade ideal for a commercial or multifamily residential development or custom home. The lot currently holds a two-story old house suitable for refurbishment or demolition. Excellent visibility and accessibility, just blocks from Colón Free Zone, port facilities, schools, and shopping. Ideal for investors or developers to capitalize on revitalizing Colón’s core. Negotiable price at $178,000 offers excellent value at roughly $248/m2. Contact Casa Nova Realty Panama to explore this great opportunity.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2MYe3TH.

Key Features

Corner access from three streets
718m2 flat lot ready for construction
Two-story aged structure
Ideal for redevelopment or investment
Residential and commercial zoning potential
Close to Free Zone, port and transit
Negotiable sale price

Detailed Features

Kitchen

RemodeledNo

Bedrooms

Bathrooms

Outdoor

GardenYes

Property Details

TypeLand / Development Lot

CategoryCommercial or Residential Development

Size718 m²

Lot Size718 m²

Bedrooms3

Bathrooms1

Parking2

FurnishedNo

Pets AllowedNo

Price/m²USD247.91 / m²

Listing ID2MYe3TH

Community Amenities

Corner lot access

Direct access via three adjacent streets, ideal for redevelopment

Flat building lot

Level terrain suitable for construction

Garden space with fruit trees

Existing greenery with banana plants and tropical vegetation

Existing two-story house

Old structure to be refurbished or demolished for new project

Location & Nearby

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Neighborhood Highlights

Located in the central area of Colón city
Near Free Trade Zone
Close to schools, shopping centers and commercial businesses
Corner lot with access on 3 streets, 2 corners
Established residential and commercial surroundings

Nearby Landmarks

Colón Free Zone (500 meters)
Terminal de Transporte de Colón (700 meters)
Puerto de Colón (1.5 km)
Cristobal High School (300 meters)
Shopping Centers (within 1 km)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 2MYe3TH. Last updated: 2025-11-07T23:59:00Z*